L.A. Controller Ron Galperin released the Comprehensive Annual Financial Report (CAFR) to provide a complete picture of the City's financial position and activities in the previous fiscal year. Along with the budget and the City Administrative Officer's financial status reports, the CAFR is fundamental to understanding the economic opportunities and challenges facing the City of Los Angeles.
The Fiscal Year 2020 CAFR details the City's finances from July 1, 2019 to June 30, 2020, and charts the full scope of the initial economic fallout caused by the COVID-19 pandemic. The 400+ page report is also available in a brief online version that illustrates how taxpayer dollars are spent by the City, along with dozens of interactive charts and graphs that measure City performance metrics in FY20 versus previous years, many of which were impacted by COVID-19.
Check out all the City metrics and read the full report at lacontroller.org/cafr2020.
Follow L.A. Controller Ron Galperin at @LAController on Facebook, Instagram and Twitter.